At a Glance
- Tasks: Analyse costs, prepare reports, and support decision-making in a dynamic manufacturing environment.
- Company: Join an innovative international manufacturing company based in Glasgow.
- Benefits: Competitive salary, bonus, pension, holidays, and early finish on Fridays.
- Other info: Great career progression opportunities in a collaborative and fast-paced setting.
- Why this job: Be a key player in shaping financial strategies and driving efficiency.
- Qualifications: Experience in cost accounting and a relevant qualification or working towards one.
The predicted salary is between 55000 - 60000 £ per year.
Lusona Consultancy are working with an International Manufacturing company in Glasgow to recruit a Cost Accountant on a Permanent basis. This is a brand new role in the structure that will focus on engagement across supply chain and wider operations reporting to the site Financial Controller. Our client have technology at the heart of their business with innovation and automation solutions enabling them to be a leader in the market. The Cost Accountant will be a number 2 to the Financial Controller and will support the leadership team.
This opportunity offers a salary between £55,000 - £60,000 + bonus with wider benefits. The Cost Accountant will offer commercial analysis and a business partnering service to the supply chain and operations side of the business offering the ability to influence the decision-making process. You will be responsible for budget preparation, forecasting and variance analysis with an emphasis on manufacturing costs and stock. As a second in command to the Financial Controller, you will deputise on their behalf and will take the lead on cost centre reporting, standard costing across products, stock valuation and liaising with engineers and supply chain on pricing, margins and billing materials. The Cost Accountant will be involved in monthly sales forecasting, analysing management accounts and explaining cost of sales to the business. Areas including labour efficiencies, overheads management and overhead recovery will also be assumed here.
Responsibilities:
- Maintain accurate standard costs for products, covering materials, labour, and overheads.
- Analyse cost variances and investigate significant differences.
- Prepare monthly cost reports for management.
- Support the annual standard cost setting process.
- Ensure accurate inventory levels and valuation for raw materials, WIP, and finished goods.
- Investigate and resolve inventory discrepancies.
- Support month-end close activities, including inventory journals and reconciliations.
- Accurately allocate manufacturing overheads to products.
- Monitor and analyse overhead variances.
- Support cost reduction initiatives.
- Use SAP for cost accounting activities, including cost centres, material data, order costing, and variance analysis.
- Review and improve cost accounting processes.
The Ideal candidate will have:
- Experience in a similar Manufacturing, Construction or Engineering based environment.
- Strong Cost accounting and analysis experience.
- Qualified Accountant or working towards a recognised Qualification.
Working in a collaborative function, this opportunity offers significant exposure to multiple stakeholders across a highly established international Group offering breadth and depth across manufacturing processes. You will also be offered career progression opportunities in a leadership environment and add value across projects and business as usual activity. This is an exciting opportunity offering a competitive salary, progression opportunity, company pension, holidays and a lunch time finish on a Friday. Car parking is also provided.
If you are looking to continue your career in a fast-paced manufacturing environment in a commercial setting this is an excellent opportunity to consider.
Cost Accountant in Glasgow employer: Lusona LLP
Lusona Consultancy is proud to partner with an innovative International Manufacturing company in Glasgow, renowned for its cutting-edge technology and commitment to excellence. As a Cost Accountant, you will thrive in a collaborative work culture that values employee growth and offers significant exposure to leadership opportunities, all while enjoying competitive benefits including a generous salary, pension scheme, and a unique early finish on Fridays. Join a team where your contributions directly influence decision-making and drive the success of a market leader.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Glasgow
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. The more people you know, the better your chances of landing that Cost Accountant role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your cost accounting expertise and how it can benefit their operations. Be ready to discuss specific examples of how you've tackled challenges in previous roles.
✨Prepare for Interviews
Do your homework on the company and its culture before the interview. Think about how your experience aligns with their needs, especially in manufacturing and supply chain. This will help you stand out as the perfect fit for the team!
✨Apply Through Our Website
Don't forget to check out our website for the latest job openings! Applying directly through us not only gives you access to exclusive roles but also shows you're serious about joining the team.
We think you need these skills to ace Cost Accountant in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Accountant role. Highlight your experience in manufacturing, construction, or engineering environments, and showcase your cost accounting skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to budget preparation, forecasting, and variance analysis. Let us know how you can influence decision-making in our operations.
Showcase Your Tech Savvy:Since technology is at the heart of our business, make sure to mention any experience you have with SAP or similar systems. We love candidates who can leverage tech to improve cost accounting processes, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you into our system quickly. Plus, it shows you’re keen on joining our innovative team!
How to prepare for a job interview at Lusona LLP
✨Know Your Numbers
As a Cost Accountant, you'll be dealing with figures all day long. Brush up on your knowledge of standard costs, variance analysis, and inventory valuation. Be ready to discuss how you've handled these in past roles and how you can apply that experience to the new position.
✨Understand the Business
Get familiar with the manufacturing processes and supply chain dynamics of the company you're interviewing with. Research their products and any recent innovations they've introduced. This will not only help you answer questions but also show your genuine interest in the role and the company.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think about past experiences where you've had to analyse cost variances or support cost reduction initiatives. Prepare specific examples that highlight your analytical skills and ability to influence decision-making.
✨Showcase Your Collaborative Spirit
Since this role involves working closely with various stakeholders, be prepared to discuss how you've successfully collaborated in previous positions. Highlight instances where your communication skills helped bridge gaps between finance and operations, and how you can bring that collaborative approach to the new team.